Exhibit 99.2
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| | Public Service Enterprise Group 80 Park Plaza, T6 Newark, NJ 07102 | | |
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FOR IMMEDIATE RELEASE Nov. 22, 2019 | | CONTACT: | | Marijke Shugrue 973-430-5924 Marijke.Shugrue@pseg.com |
PSEG Announces Leadership Changes For a Sustainable, Clean Energy Future
Ralph A. LaRossa Elected COO of Public Service Enterprise Group
Dave Daly Remains President of PSE&G with Expanded Role
in PSEG’s Clean Energy Strategies and Renewable Businesses
Kim Hanemann Named Senior Vice President and Chief Operating Officer of PSE&G
(NEWARK, N.J. – Nov. 22, 2019) Public Service Enterprise Group (PSEG) today announced several key organizational changes designed to lead the company’s transformation toward a clean energy future.
Ralph A. LaRossa has been elected chief operating officer of PSEG. In this newly created position, LaRossa will be responsible for all operating functions of PSEG, including many of the functions within PSEG Services Corp. LaRossa also will continue in his role as president and COO of PSEG Power, the company’s merchant generation business.
LaRossa was elected president and COO of PSEG Power in June 2017. Previously, he served as president and COO of Public Service Electric & Gas, PSEG’s regulated utility business, since October 2006.
“Over his career with PSEG, Ralph has demonstrated the skills necessary to assume this key leadership role,” PSEG Chairman, President and CEO Ralph Izzo said. “As president of PSE&G, Ralph oversaw the recovery from Superstorm Sandy and guided the utility through the largest capital program in its history,” Izzo said. “As president of PSEG Power, he has been leading the company’s transition to cleaner energy, including the drive to win public support for preservation of New Jersey’s fleet of carbon-free nuclear plants.”
Dave Daly, who will now report into LaRossa, has been named president and COO of PSEG Utilities and Clean Energy Ventures, with oversight of the company’s utility operations, as well as development of its clean energy and renewable generation businesses. Daly also will continue as president of PSE&G, the company’s regulated utility, and chairman of the board of PSEG Long Island.
“Dave is a strong leader with a proven track record,” LaRossa said. “His skills will be essential as we guide our company into the future – continuing to drive operational excellence, meeting customer expectations and achieving our aggressive clean energy goals.”
Kim Hanemann has been named senior vice president and COO of PSE&G. Hanemann will continue to oversee PSE&G’s electric operations and will assume responsibility for gas operations, customer operations and asset management.